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Richard Desmond loses £1.3bn damages battle over national lottery licence

17.04.2026 12:47 | The Guardian World

Firms owned by media tycoon launched action against Gambling Commission in 2022 after Allwyn won franchiseThe media tycoon Richard Desmond has lost his claim for up to £1.3bn in damages from the Gambling Commission, ending a bitter dispute over the regulator’s decision not to award him the 10-year licence to run the national lottery.Companies owned by the former proprietor of the Daily Express and Channel 5 launched action against the regulator in 2022, starting a tortuous legal process in which Desmond’s costs were estimated to have reached £55m by May last year. Continue reading...

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